Dollar set for best month in nearly a year as bulls grow confident
Key takeaways
- Dollar set for best month in nearly a year as bulls grow confident FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 24, 2026.
- LONDON, June 29 (Reuters) - The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S.
- The U.S. and Iran traded fresh attacks over the weekend before they agreed to stop and meet in Qatar on Tuesday, leaving investors nervous about the declared ceasefire and nudging oil prices higher.
Dollar set for best month in nearly a year as bulls grow confident FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration/File Photo · Reuters By Amanda Cooper Mon, June 29, 2026 at 3:54 PM GMT+7 3 min read DX-Y.NYB EUR=X CL=F By Amanda Cooper
LONDON, June 29 (Reuters) - The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.
The U.S. and Iran traded fresh attacks over the weekend before they agreed to stop and meet in Qatar on Tuesday, leaving investors nervous about the declared ceasefire and nudging oil prices higher.